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20121207
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English 121
Search Results 66 to 120 of about 121 (some duplicates have been removed)
FOX
Dec 5, 2012 5:00pm EST
is on the hard sell trying to convince a group of business executives to support raising taxes on the wealthy. >> let's allow higher rates to go up the top 2%, and that includes all of you, yes? >> reporter: saying a fiscal cliff deal must include new revenues. the president pushed his plan to raise taxes on household earning over $250,000 a year. >> and i am here to tell you that nobody wants to get this done more than me. >> reporter: john boehner has a hard sell of his own with conservatives upset over his offer of $800 billion in new taxes. >> the plans the white house has talked about us this far, they could not pass either house. >> reporter: a "washington post" poll finds 53% would blame republicans if the country went over the fiscal cliff while only 27% would blame the president. >> we need new thinking and renewed efforts from all americans. >> reporter: republicans and democrats are voicing support for extending middle class tax cuts until a larger deal is found. >> which i hope they will. that that will be a victory for the american people. >> reporter: republicans, like virginia'
CBS
Dec 6, 2012 5:00am EST
in line with the president's demands to raise taxes on the rich. the g.o.p. is pointing fingers, too. you don't have to look too hard in washington these days to see the fiscal cliff theater. >> nobody wants to get this done more than me. >> our goal is to make sure it gets solved. >> the president is ready, willing and able, waiting to be able to sit down and seriously negotiate this. but they have to be willing to come to the table with specifics. >> the next 72 hours are critical. if he sits back and continues to play politics, that will give your answer where we're going. >> some lawmakers are actually going back home to their districts. congress has little scheduled business for the rest of the week. house speaker john boehner is saying that's not going to stop negotiations though. in the meantime pentagon officials say the white house has ordered the military to start planning for the possibility of cutting $500 billion from its budget over the next decade in case no fiscal cliff deal is scheduled. the military had been told for months not to get ready for these budget cuts. in the
NBC
Dec 6, 2012 6:00pm EST
said he's highlighting the impact of tax heights on the middle class. there's growing pressure to stop the campaigning and sit down face to face. avoiding the bickering on capitol hill today, president obama headed to northern virginia. he sat down with tiffany santana and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: tef any had used twitter to tell the president her family can't afford a tax increase. and the white house released this video. >> $2,000 for me would be paying a month's rent. >> reporter: back in washington, more gridlock. >> it's up to the republicans to decide how long it's going to take. >> the president actually isn't interested in a balanced agreement. >> reporter: with both sides stuck on tax hikes for the top 2%, economists wonder if lawmakers will reach a deal this year. >> i'm skeptical, but i do think it can be done next year. >> reporter: warning a congressional co
FOX
Dec 6, 2012 6:00am EST
year's taxes. and.. flu season.. is off to this could be one of the worst seasonsswe've had in years... and just how much protection this yeer's flu vaccine can give ou. 3 3 3 &p-tease countdownn to christmas- we're giving away gifts every day through christmas eee. a chance to choose aagift from under the tree.so stay tuned 3 3 3 ,3 3 3 -3 ,3 p3 we are following breaking news put of baltimore county this morning....an elderly man is deaddand two ire fighters injured... after a late night fire.at this hour... inveetigators are still on the scene trying to figure out what happened. happened.megan gillilanddis streaaing now in ballwin with a look at the damageeleft behind. good morning guys, guys, 3 in: we started a program in batcoouu: effectiveeess this mo. 3 3 3 morning. morning. 3 an escaped inmate áand áá &psuspect chass causs two cityy for this man..... 25 year old - travis lee wildes..e was last seen around 12:15, weennday aaternoon... after walkiig away from a prison worr looking for wildes.... a similar scene as playing out aaross town.... aadrug suspect being chased
NBC
Dec 6, 2012 5:00pm EST
in west virginia. >> president obama says he's trying to highlight the impact of the tax hikes on the middle class. but the growing pressure from washington to stop the campaigning and sit down face-to-face. president obama headed to northern vavevave. he sat down with tiffany and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessary because democrats and republicans are not coming together to solve the problem gives you a sense of the cost. >> tiffany used twitter to tell the president that her family can't afford the tax increase. back in washington, more gridlock. >> it up to the republicans to decide how long it is going to take. >> the president, he isn't interested in a balanced agreement. >> with both sides stuck on the tax hikes for the top 2%. >> i think it can be done before it does significant damage. >> he warns that they should have over a month to negotiate in 2013 before the economy falls a part. >> by mid-february it will do a lot of damage. >> anticipating the fiscal cliff and massive layoffs democrats called on lawmakers to exten
PBS
Nov 29, 2012 6:00pm PST
as year-end tax hikes and spending cuts moved another day closer. on the face of it there seemed to be little movement today. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> sreenivasan: treasury secretary timothy geithner and legislative chief rob nabors arrived at the capitol this morning, for meetings with congressional leaders. house speaker john boehner also spoke to president obama on the phone last night. he said he wanted to know where the administration would rein in spending, but that he had heard nothing new. >> i was hopeful we'd see a specific plan for cutting spending. we sought to find out today what the president is really willing to do. listen, i remain hopeful that productive conversations in the days ahead can be had but the white house has to get serious. >> sreenivasan: senate minority leader mitch mcconnell echoed that complaint. in a statement, he said, "today, they took a step backward and significantly closer to the cliff." conversely, white house spokesman jay carney charged republi
CBS
Dec 6, 2012 5:00pm EST
to their positions. the tax cuts should be extended for all americans. danielle nottingham reports for wjz. it comes as president obama meets with a family who would be impacted if the country goes over the fiscal cliff. >> reporter: lawmakers are getting an earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top comiftds -- economists came to capitol hill thursday to talk about the impact of tax increases ask government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent for this family. >> reporter: the white house has made clear, the country could go or the cliff -- over the cliff, if republicans refuse to raise taxes on the top 2% of american earners. >> for them to be burdened, unnecessarily, because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks to raise mon
NBC
Dec 5, 2012 4:00pm EST
on capitol hill this afternoon where a perfect storm over spending and borrowing and taxes is shaping up here at the end of the year. danielle? >> reporter: pat, that's a good way to describe it. both sides are digging in their heels, and with no move to avoid the fiscal cliff, or to raise the debt ceiling which is currently at $16.4 trillion, now there's new concern about what could happen to our credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limits. president obama called it a dangerous lesson when he talked to business leaders today. >> the only thing that debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may refuse to raise the debt ceiling and risk defaulting on the country's loan. >> that is a bad strategy for america. it's a bad strategy for your businesses. and it is not a game that i will play. >> reporter: republicans are pushing back. >> he's the president, not the emperor. he does not have the power. >> reporter: fiscal cliff negotiation
FOX
Dec 6, 2012 5:00pm EST
in taxes would affect her family. >> a couple thousand means a couple of months rent for this family. >> reporter: president obama said that he supports keeping the bush era tax cuts for the middle class in place but ending them on incomes over $250,000 if there is no deal by new year's, everyone pays more. >> if this family has a couple of thousand left to spend, that translates into $200 billion of what consumer spending next year and that is bad for businesses, large and small. >> reporter: they won't support tax hikes but will support raising revenues by limiting tax deductions, closing loopholes and cutting spending. >> i think it's safe to say at that point that the president is not interested in a balanced agreement. he's not particularly interested in avoiding the fiscal cliff and he's not interested at all in cutsing any spending. >> reporter: democrats say with so much at stake from defense jobs to unemployment benefits and higher taxes on all households, republicans are simply stalling what needs to be done. >> it's apparent how this will end. the only question is when wil
FOX
Dec 5, 2012 11:00pm EST
..... pitchingghis plan to avoid the fiscal cliff ttrough higher ta. taxes. negotiations between the white stalled. president obama says he will not sign a bill "without" a taxxincrease on incomes over two hundred fifty thousand dollars or more. offer by republican john boehner has not only been rejected by theeadministration party. if a deal sn't made by december thirty-first, automatic tax increases and budget cuts will kiik in by the new year. sooe maryland leaders are speaking out against the fedd' decision to deny aid to hurriiane sandy victims in ur hundreds of residents along the eastern shore were devvstated whennsuperstorm sandy unleashed her fury in pctober. bbt according to the federal emergeecy management agency... tte damage wasn't enough tt warrrnt áindividualá aid. at a senatt aappopriations hearing today... senators barbara challenged fema leaders to re-think their decisson. 1:24 we in maryland have sooe of the most prosperous counttes in america but we also haae someeof the most &ppoor and that's who got hit b this storm 33 governor marrin o'malley has already vowed
CBS
Dec 6, 2012 7:00am EST
if the there is a deal and taxes are raised by about $2,000 they'll be happier and spend more money. that's the p.r. side of this. much more importantly, for the deal, the two key players yesterday picked up the phone. the phone call relatively brief and substantive, though details remain illusive. shorter, sources say. the last week 28-minute conversation described then as curt direct and frank. no one with this call used such barbed words and occurred before treasury secretary tim geithner laid down this harsh fiscal cliff marker. >> if the administration, are they prepared to go over the fiscal cliff? >> absolutely. no prospect or agreement that doesn't involve those rates going on on the top 2%. remember, only 2%. >> reporter: that danger? not enough to keep congress in session. it's all right quit for the week. most lawmakers assume correctly there are bit players until there's a deal. that looks more complicated until mr. obama demanded republicans raise the debt ceiling this month without any spending cut strings attached. >> if congress in any way suggests they're
CBS
Dec 6, 2012 6:00pm EST
is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent. for this family. >> reporter: the white house has made clear, the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> for them to be burdened, unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks to raise money. but insist that bush-era tax cuts must be extended for all americans. >> reporter: the standoff and the country's skyrocketing debt, concerns ryan shenecki. ♪ [ music ] ♪ so much so, that he's the guy in the can suit, dancing gang thisnam style with the cochair, former senator, allen simpson. his group, the can kicks back, is working to get young people involved in fixing the deb
CBS
Dec 6, 2012 6:00am EST
a tax cut. doesn't make sense. >> you're talking about spending on the federal level. you have to think about the money flowing through local coffers. fairfax county, the biggest school district in our region but a lot of people at home might be surprised that a quarter of kids are on reduced or free lunches. can they get by without those? >> they can't. when we look at the cuts to free and reduced lunch which would effect the title one cutting as well but it's also not just or most vulnerable students. we're looking at our students with special education needs. you're looking at all of those services being cut, diminished and that's not fair to our kids who need the most from us. >> special education and other special needs programs have already taken a pretty big cut in funding, haven't they, over the last couple of years? >> yes. in virginia since 2009, the state support for public schools per pupil has been cut 20%. localities have been forced to make up that difference. localities don't have that kind of money to do that, even in fairfax county. >> you're lobbying congress. >> yes,
FOX
Dec 6, 2012 4:25am EST
into january, deeply into january without having resolved these issues, taxes will go up across the board on everybody. that is a big tax increase. >> reporter: and deep across the board spending cuts in defense and other areas of the federal government. >> the plans that the white house has talked about thus far, they couldn't pass either house of the congress. >> reporter: president obama says he will not sign a bill without a tax increase on incomes over $250,000. he met with a room full of ceos in washington today. >> i know that many of you have come down here to try to see, there a way we with break through the logjam and go ahead and get things done. and i'm here to tell you that nobody wants to get this done more than me. >> reporter: and yet house speaker john boehner says the president hat not responded to republicans' latest proposal. >> that offer included significant spending cuts and reforms and it included additional revenue. and frankly, it was the balanced approach that the president has been asking for. >> reporter: perhaps the boehner-obama phone call has moved things a
PBS
Dec 6, 2012 6:00pm EST
, part of his pitch to extend tax cuts for all but the very wealthy. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we update the state of the negotiations and examine the push to make changes to social security and medicare. >> brown: then, margaret warner looks at the political strife in egypt, after deadly clashes in the streets and resignations by top officials. >> woodruff: we have a battleground dispatch from a coastal city facing rising sea levels and the next big storm. >> if sandy were to come close or directly into norfolk i think we'd all be in big trouble. >> brown: we assess the latest diplomatic moves to end syria's war, as secretary of state hillary clinton meets with russia's foreign minister. >> woodruff: and ray suarez has the story of a program that aims to put students at low-achieving schools on a path to high school graduation. >> we're here to make things better. we're here to tutor kids. we're here to make sure that they stay on track. we are here to make sure that they graduate. we want to prepare them for high
FOX
Dec 5, 2012 10:00pm EST
development. >> perhaps the phone call is a sign the two sides are trying to kick start negotiations on a tax and spending plan before mandatory cuts in government spending and tax increase goes into effect in less than a month. maryland congressman chris van hollen says he thinks there's only a 50/50 chance a compromise will be reached by the looming end of the year deadline. >> i hope we can come together. it's important to avoid the fiscal cliff. it's also important to do it the right way. >> doing it the right way obviously depends who you're speaking to. i asked maryland democrat chris van hollen, ranking member on the house budget committee, what happens if the white house and republicans in congress cannot reach a deal by january 1st? >> it doesn't necessarily mean january 2nd, you know, the world falls apart, brought it does mean is if you go into january, you know, deeply into january without having resolved these issues, taxes will go up across the board on everybody. that's a big tax increase. >> and deep across the board spending cuts in defense and other areas of the federal gove
FOX
Dec 6, 2012 7:00am EST
on fiscal cliff negotiation struck a much different tone. if republicans don't but specifically tax rates on upper earners the white house is ready to go right over the cliff. >> we see there's no prospect to an agreement that doesn't involve those rates going up on the top 2%. >> largely backs the president on those rates. 48% support the plan to raise them on upper earners compared to 32% of leaving rates unchanged. when it comes to government spending, the gop has the edge. to help balance the budget, spending cuts should take precedence over tax hikes, 46 to 30%. and leaders in congress who met with business leaders say they have already offered to raise tax by cutting deductions and the president has yet to counter their proposal. >> i'll be here and available at any moment to sit down with the president if he gets serious about solving this problem. >> it's possible the white house may be bluffing, the administration did order the pentagon to consider the big cuts in military spending that would happen if we don't reach an agreement. in washington, doug luzader, fox news. >> stocks
CBS
Dec 6, 2012 6:00am EST
there will be no deal without a compromise on taxes. >> i'm obsession to raise taxes is not going to solve the problem. >> timothy gitner said the white house is willing to go over the fiscal cliff if the gop doesn't agree to raise taxes on the top 2% of corners. the parties position seems unchangeable. >> speaker boehner took a position i think the day after the campaign that said we're willing to bring in revenue but not being to take a risk. >> the president said they could reach a deal within a week. >> the white house budget officer is issuing an order to prepare for more than $100 billion in spending cuts in a compromise cannot be reached before the deadline. >>> changes are coming to the national hurricane center's warning system after super storm sandy. it is loosening the criteria to issue hurricane strength warnings. the same alerts were triggered even though it downgraded from a hurricane. it's so everyone will be ready for extreme conditions. >>> this morning this people in crisfield are still suffering from sandy's damage after fema decided not to provide assistance. maryland lawmakers ar
NBC
Dec 5, 2012 6:00pm EST
still since monday when republicans proposed raising revenue by closing tax loopholes, not by raising rates on the rich as the president has insisted. >> we're not insisting rates just out of spite, but rather because we need to raise a certain amount of revenue. >> we can't just keep borrowing money, raising taxes, and expecting the problem to go away. >> reporter: house members headed home for a long weekend with democrats so far unsuccessful in their efforts to force a vote on a bill that would extend tax cuts to 98% of americans. but house speaker john boehner said he's here, and all ears. >> i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> reporter: 26 days out, and the waiting continues. with no deal in sight, the white house budget office is now ordering the pentagon and other federal agencies to finalize their plans for surviving massive spending cuts. reporting live on capitol hill, danielle lee, news4. >>> in fact, the pentagon is already putting a plan in place if there is no deal by january 1st. the preliminar
FOX
Dec 6, 2012 5:00am EST
. the two sides have agreed to tax reforms and spending cuts but are still at a stalemate on raising attacks on incomes over $250,000. >> the hold-up right now is that speaker boehner took a position i think the day after the campaign that said we're willing to bring in revenue but we're not willing to increase rates. >> i'm be here an i'll be available at any moment to sit down with the president to get serious about solving this problem. >> speaker boehner says the president has not responded to the republicans' latest proposal that does not include a tax increase on wealthy americans. >>> new this thursday morning, former delegate tiffany alston is officially out of office. yesterday, a prince george's county judge ruled that she was out of office following her october plea deal relating to office misconduct. the judge also ruled that the nomination of greg hall by the democratic committee to replace her can be withdrawn. this after details of a troubled past for hall came forward. >>> fairfax county police are investigating a disturbing find inside a student's locker. a loaded handgun wa
NBC
Dec 1, 2012 5:00am PST
. everybody says it's going to be an economic catastrophe if we do. an average of $2,200 in extra taxes next year for the average american family. the president has undergone a campaign style series of events. he's had ceos marching up and down the driveway here. he's got a twitter campaign. yesterday he was out in suburban philadelphia asking con stitch wa -- constituents to write in, call, do whatever they need to do to get in touch with those republicans in the house of representatives, try to get them to turn their votes. the president put his first proposal on capitol hill last week. it had $1.6 trillion in new revenues. about half of it coming from ending tax cuts for the wealthy, something that he campaigned on. there are about $600 billion in cuts in domestic programs like medicare. it was greated with gails of laughter by the senate republican leader. here's what the president and the speaker of the house had to say about it yesterday. >> i don't think it's acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't
PBS
Dec 6, 2012 3:00pm PST
be no deal unless tax rates went up on the wealthy. >> the closer it gets to the brink, the more stressed we're going to be. >> woodruff: president obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a hard line for republicans in congress. >> everybody's is going to have to share in some sacrifice. but it starts with folks who are in the best position to sacrifice. who are in the best position to step up . just to be clear i'm not going to sign any package that somehow prevents the top rate from going up, the top 2% from going up. >> woodruff: the president phoned house speaker john boehner yesterday, their first direct talk in almost a week. but today white house spokesman jay carney wouldn't share details of the call. >> we believe it's in the interest of achieving an agreement not to do that. >> reporter: treasury secretary timothy geithner said yesterday the white house was absolutely will
ABC
Nov 30, 2012 1:40am PST
will see their taxes automatically go up at the beginning of next year. >> i will violate the pledge, long story short, for the good of the country. >> i'm not obligated on the pledge. >> the world has changed, and the economic situation is different. >> susan rice is extraordinary. i couldn't be prouder of the job that she has done. >> the concerns i have are greater today than they were before. >> by all accounts she is talented, capable, and extremely abrasive. >> we have a new -- a new -- [ indiscernible ] >> reporter: the crowd is chanting the same chants we heard two years ago during the revolution. >>> the industry apparel brand in the u.s. have been warned again and again about the extreme dangers to apparel workers in bangladesh and yet they have not taken action. >> i was blown away that at the heart of this hunt was this young woman who had a kind of tenacity and dedication and a courage. she would never say no. >>> i'm on "two and a half men." i don't want to be on it. please stop watching it. please stop filling your head with filth. >>> the winners and champions of "dancing w
ABC
Nov 30, 2012 4:00am PST
at this point. neither republicans nor democrats seem willing to budge on the issue of tax rates for the wealthy. unless the two sides can reach some kind of deal, spending cuts and also tax hikes will collectively take effect starting january 1st. the clock is ticking. >> it is. >>> the united nations has overwhelmingly approved recognition of a palestinian state, a move staunchly opposed by the u.s. and israel. >> but in the west bank and gaza, palestinians, they celebrated on the streets. the historic vote upgrades palestine to nonmember nonvoting observer status only. meanwhile, u.s. ambassador, susan rice, she denounced the resolution. saying, quote, it's counterproductive to the goal of mideast peace. >> and the palestinian people will wake up tomorrow and find that little about their lives has changed, save that the prospects of a durable peace have only receded. >> rice added that the u.s. will continue to stand up against every effort that seeks to undermine israel's security. >>> the supreme court justices will meet today to consider taking up the issue of same-sex marriage. seven case
NBC
Dec 5, 2012 5:00pm EST
monday when republicans proposed raising revenue by closing tax loopholes not by raising rates own the wealthy as the president has demanded. >> we're not insisting on rates out of spite but rather because we need to raise a certain amount of revenue. >> we can't keep borrowing mown and raising taxes and expect the problem to go away. >> with no solution in sight the white house budget is now ordering the pentagon and other an an jencies to finalize their plan to avoid massive spending cuts. >> secretary of state clinton says nato's decision missiles to turkey sends a clear message that tour ski is backed by its allies. the big concern remains an increasely desperate assad regime will turn to chemical weapons as rebel fighting rages on. the u.s. and its partners are looking to apply additional pressure on at a conference next week. the regime insists they would not use weapons against its people. >> a natural gas tanker arrived in japan today becoming the first vessel to successfully test a new trade route through arctic waters. it opened up due to shrinking ice. it shaved nearly t
CBS
Dec 6, 2012 4:30am EST
. >> reporter: if there's no deal, cbs reports families making $20,000 to $40,000 a year will have taxes go up $12,000. $64,000 to $108,000, taxes $3500 a year. that's a category in which this family of woodbridge falls, a family already cutting back. >> i think it will put any future plans that we might have on hold of let's say fixing some electrical in our house. that's an immediate need we have and we can't do it right now. >> they have no idea how their choices and their fighting and bickering affect the rest of us. >> reporter: no deal and they affect the rest of us as vice president cheney used to say big time in just 26 days. gary nurenberg, 9news. >>> well, get ready for $100 billion in spending cuts. that's what the white house budget office is telling federal agencies to do if there is no agreement on the fiscal cliff. we have dedicated our entire news department to track this story and be ready with alerts on the air and on the web. every day we feature stories that will show you how you will be affected if the federal government does go over that fiscal cliff. you can get alerts s
ABC
Dec 4, 2012 7:00am PST
. >>> also at home, new developments in the tax showdown in washington. a deal has to get done by january 1st or everyone's taxes will go up. we'll talk about what it will take to get negotiations back on track. >> republicans had their proposal yesterday. we'll see what the reaction is. >>> also, take a look at this video. is this the real-life grinch who stole christmas. the man caught on camera stealing christmas decorations. letting the air out of the whole thing. we'll get more on that in just a moment. >>> also, jessica biel here live. what's life like right now being married to justin timberlake. also, a new movie, on the way, "playing for keeps." so much to talk to her about today. >> that is coming up. >>> let's go to lara, live, all morning long, at buckingham palace with the latest details on the royal baby. good morning, lara. >> good morning, george. what a joy to be here on this day of celebration here in england. folks cheering and giving a thumbs-up as they pass. buckingham palace behind me. and the papers shouting out the great news. there's the picture on "the times." "we're
CBS
Dec 3, 2012 7:00am PST
n thede a tax rate increase on the wealthy. >> the only thing that stands in the way of an agreement that's wa ood for the american economy is that a group of republicans weade they're going to block e's increase in tax rates on wealthy americans. >> reporter: geithner says he's optimistic a deal is possible. even as a key negotiator tells bs news the deadline to reach 15tromise is december 15th. e foress needs time for the rocessative process to work. to the house and senate to pass presidentnd for the president to sign it by december 31st. >> right now i would say we're eportee. period. we're nowhere. >> reporter: calling the president's plan to avert the asking fiff a nonserious proposal. th ohe president is asking for $1.6 trillion worth of new revenue over ten years. twice as much as he's been asking for in public. excee stimulus spending in here wast exceeded the amount of new not ahat he was willing to consider. it was not a serious offer. > i think we're going over the cliff. it's pretty clear to me they've ode a political calculation. this offer doesn't remotely deal with en
NBC
Dec 6, 2012 7:00am EST
the fiscal cliff. some republicans are considering abandoning their staunch opposition to higher tax rates according to recent reports. alan simpson was co-chair on the commission of fiscal responsibility. he's a co-founder of fix the debt campaign and joins us now. senator simpson, good morning, it's great to see you. >> great pleasure to be off the witness protection program and come here. but what even more fun, david brubeck used to come to wyoming a great deal. he and his family, lovely people. i did not know he had passed. and to hear that music, it's iconic stuff. anyway. so it's good to sneak in and get made up, try to hide my identity. >> well, it's good to have you here. you say you're in the witness protection program because you've been out there on the issue of how we fix our national deficit. as you well know, we face the fiscal cliff, a series of tax hikes and spending cuts that many people think if they go into effect will put the country into recession. yet we heard the treasury secretary tim geithner say the president is willing to see the country go off the fiscal cliff
ABC
Nov 30, 2012 7:00am PST
all week. and, boy, a big showdown in washington yesterday. the high-stakes meetings over the tax deal brew apart. tim geithner took the president's latest offer to the republicans. you see him there with mitch mcconnell, the republican senate leader, who he said he laughed out loud when he saw geithner's proposal. we'll have all the details ahead. >> wow. >>> and a shocking medical headline this morning. glass particles in a generic drug for lipitor. a drug millions take to control their cholesterol. very scary findings. >> absolutely. >>> look at this, everybody. the secret santa. we don't know his name, trekking around some of the areas hardest hit by hurricane sandy, handing out $100 bills to those in need. >> happy holidays. >> yes. >> absolutely. >>> let's begin with america's latest powerball millionaires. one in arizona. one in missouri. and alex perez is in the small town of dearborn, missouri, where one lucky man is about to go public with his good fortune. good morning, alex. >> reporter: well, george, good morning. within hours, the big mystery in this teeny, tiny town coul
NBC
Dec 6, 2012 5:00am EST
's plan raises taxes on the top 2% to raise 1.6 trillion in revenue, while the gop wants to close tax loopholes to raise half as much. >> we can probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need to do a balanced plan. >> i'll be available at any moment to sit down with the president to get serious about solving this problem. >> the white house says they are also concerned that republicans may use the debt ceiling, which will need to be raised early next year to get their way on tax and spending cuts. the pentagon is already planning major cuts in case there is no deal. the preliminary plan is to cut 500 billion dollars in jobs and programs. the pentagon's spokesman says those cuts could force the defense department to abandon its new military strategy. it's also likely to affect spending on weapons and technology programs as well as how the military provides for troops and their families. >>> two australian radio hosts are apologizing for a prank call that revealed confidential information about kate middleton. >> oh h
FOX
Dec 5, 2012 10:00pm EST
))"thats eight ffity with tax"in downtown balt"thanks again" kc ox 45 news at 10 & &phow... fixing the fiscal clif could affect people on madicare...in about 15 minutes &pon fox45 news at ten some maryland leaders are speaking out against the federal government's decisson sandy victims in our state! myranda stephens is here with not be over.myranda? myyanda?hundreds of residents along the easterr shore were deeastated when superstorm sandy unleashed her fury back in october. but according to the federal emergency management agency... the damage just wasn't enough too warrant indivvdual aid. fema director craig fugate actually made that announcement tuesday... during a hearing in front of the houue. but today... during a senate appropriationn hearing... senators arbara mikulski and ben cardin told fema officials to re-think their decisioo!mikulski says the need for financial help is like somerset county... where a lot of the storm viccims are among the poorest in thee state! mmkulski 1244ww in maryland have some of the most prosperous countiee in america, but we also have some of the most poo
NBC
Dec 5, 2012 6:00pm EST
on whether to raise taxes on the welty and how deep to cut entitlement programs like social security and medicare. >> just because we're at a stalemate doesn't mean we won't get to a deal. >> they explain that grand standing is part of the play book. >> they will use every day between christmas and new years to push back and forth to have each side air their grievances. >> lawmakers left town for a long weekend. except -- >>i will be here and will be available to sit down with the president. >> the white house did not say when the president will sit down with speaker boehner but we know that the president will hit the road to make his case on the fiscal cliff in detroit. >> the sheriff's office is trying to figure out what caused a vehicle to veer you have a the road and down an embankment. we were above the scene along winters run road just along singers run road. they had to free the 21-year-old male driver. rescuers used a hook and ladder truck to hoist the man from the rescreen and back on the road. no word on that man's condition. and a 32-year-old woman is out of the hospital a
ABC
Dec 6, 2012 7:00am EST
before everyone's taxes go up and programs get cut. jon karl is following it all. a small breakthrough yesterday, president obama and house speaker john boehner got on the phone. >> reporter: that may not sound like much, george. but it's the first time the two men have spoken in a week. and what may be the most significant sign of progress, neither side talked about what was said on the call, an indication they may be serious about negotiating in private. >> we're starting to see some republicans concede that tax rates on the wealthy, at least, are going to have to go up. the president has another rock-hard bottom line. that's an increase in the u.s. debt limit, as well. >> reporter: that's right. republicans even top republicans, say the tax rates are going to almost certainly go up. but on this question of the debt ceiling, the government reaches the limit of how much money it can borrow in february. republicans say they will exact a price for that. they want spending cuts, if they can't get exchange for the tax increases. they will raise the debt ceiling. >> the president saying he
NBC
Dec 5, 2012 5:00pm EST
is to extend the middle class tax cuts while allowing cuts for the wealthiest americans to expire. the second is to call for tax reform by august 1st of next year. in the meantime, the nation's debt ceiling is looming in january. the president's warning republicans not to include any debt limit concessions in their fiscal cliff strategy. >>> we have had a lovely week around here. but it's time to get back to a little december reality. >> would you look at that. veronica has a look at another change coming our way. what about it, veronica? >> do you like that sunset? isn't that gorgeous? >> it's lovely. >> fiery red there on the horizon. and not a bad day. the wind picked up a bit. that northwesterly wind behind the cold front that came through very early this morning. high temps in fact for today, 60 degrees. that was at 5:00 a.m. we now stand in the mid-50s. pretty much falling temps all day. now 55 degrees. trinidad, and good afternoon to you folks in tyson's corner. up north, already in the 40s. kensington at 48, with temperatures dropping. and these winds have been rocking us today out of
NBC
Dec 6, 2012 5:00pm EST
. tiffany wrote to the white house in a social media campaign to talk about looming -- how the looming tax increases would impact middle class families if the lawmakers don't reach a deal by the end of the month. >> so it would be more like a $4,000 tax increase for us. which would be relatively devastating for our family. so i wanted to share that with the white house. i wasn't sure i was going to get a response. but i did want to at least make my voice heard. >> news4's julie carey sat down with the santanas. she'll have more on why they said hosting the president was overwhelming. that's coming up at news4 at 6:00. >>> an effort to end serious violence, civil war moved forward today. secretary of state hillary clinton met with russia's foreign minister and syria's u.n. peace envoy to try to negotiate a peace strategy. they reportedly met for about 40 minutes in dublin to talk about how the start of political transition. this comes after defense secretary leon panetta warned syrian president may be considering using chemical weapons. yesterday reports surfaced that syria is loading chemi
FOX
Dec 5, 2012 6:00pm EST
made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night during a 13-hour meeting. the council voted against several bills. matt has more. >> reporter: the mayor appears to be concerned about the budget when it comes to a number of bills passed by the council yesterday and one thing that could put a hole is the plan by the council to lower speed camera fines. it passed last night and even though the mayor said the cameras are about safety, not mean, they generate a lot -- not money, they generate a lot of revenue and they could be close to $100 million the next four years. the mayor claims in total, the council passed bills to reduce the city's funding by $350 million that is over the next four years. the chairman of the council said the changes were important and they
FOX
Dec 6, 2012 9:00am EST
a northern virginia family today to highlight his call to extend current tax rates to 98% of americans. the two sides are at a stalemate over raising taxes on incomes more than $250,000 a year. however, house majority leader erik canter says the go p is ready to quote talk specifics. >> the serian army has loaded deadly gas into aerial bombs. something president obama has strongly warned against. the military is waiting for orders from the president to deploy the chemical weapons. this morning a blast hit the headquarters as fierce fighting rages in the suburbs. the german government approved sending air defense to boarders. >>> and in egypt, violent crashes led to 40 deaths and injuries. up until now the muslim brother hood which supports president morsi and protestors have demonstrated in different areas. the two sides resorted to rocks , fire bombs and they even fired shots at each other. right now tanks are outside the presidential palace and the army told the protestors to clear out by this morning. morsi is going ahead with a vote on a new constitution. due to address the nation
CBS
Dec 5, 2012 6:00pm EST
to the bush era tax cuts for the wealthy. >> 50% of people who receive medicaid are children. >> reporter: pager is worried about taking care of her aging parents who rely on social security and medicare. >> we'll be left supporting them while we're raising our own children. so i'm really concerned how are we going to be able to provide for our own kids and create a sustainable future for ourselves so that our kids don't end up in the same situation? >> reporter: moms rising has about a million members. it's hard to say if teddy bears will make a difference on capitol hill, but these moms say they have to try. >> thanks. >>> as part of our continuing effort to hold our elected officials accountable for what does or does not happen before the january 1st deadline, we'll be joined by two of our local lawmakers this week at 7:00. tonight it's virginia congressman gerry connolly. tomorrow i'll be chatting with maryland senator ben cardin and 9 news making it very easy on you to keep the pressure on your elected officials. log onto our website www.wusa9.com. click on the fiscal cliff link.
CNN
Dec 1, 2012 11:00am PST
know you have all heard of the so-called fiscal cliff, the huge tax hikes and spending cuts that will be triggered if congress and the white house don't reach a budget deal by the end of the month. well, what are we looking at? first, cuts in defense. also bush era tax cuts set to x expire, so the majority of americans will pay more taxes. also at stake, the payroll tax holiday and unemployment benefits expect to get cut. dana, in your most recent column, you say it doesn't seem like anyone is doing anything but photo ops and news conferences. one politician was quoted as saying, effectively, we have a month. that's loads of time. is this a sophisticated game of chicken? >> it's a rather unsophisticated game of chicken, kind of elementary. what they're doing, both sides really, is doing a lot of posturing and waiting until they get close to the deadline if not go over the deadline because they feel if they go over the deadline, they're in a position to tell their hard core supporters, look, we have really got to make this deal now or that's the end. the economy goes back in
CBS
Nov 30, 2012 7:00am PST
taxes on the wealthiest americans. >> that's what the president suggested. >>> ladies and gentlemen, the fiscal -- cliff! >> lottery officials will introduce the holder of one of the two winning jackpot tickets today. >> i'm very happy for him. he has worked very hard in his life and won't have to any more. >> the other big winner in arizona remains a mystery. >> the ticket holder may be all the way across this country in maryland. surveillance video shows a man who purportedly just found out that he wan on. >> now asking that person to come forward, show his ticket and bring your papers. >> lindsay lohan went to jail just to stay dry. >> whipped out his membership card. >> beau obama, inspecting the white house christmas decorations. >>> are you kidding me? >> never has drew brees thrown foiv interceptions and atlanta will survive. >>> an act of kindness by a new york cop going viral. tourist taking this photo of police officer larry deprimo giving boots to a homeless man. >> absolutely humbling experience. >> the police officer said it felt like the right thing to do and nicholas
ABC
Dec 6, 2012 4:55am EST
on january 1st they will still be considered as single for state income tax purposes. today is the big day where many couples can line up here at the house and receive their marriage licenses. reporting live in downtown baltimore, sherrie johnson, abc2 news. >>> back to business as usual as st. joseph medical center. this after an officer's gun went off inside an emergency room. police say the officer was guarding a prisoner being held on charges yesterday afternoon. and at one point, a hospital employee noticed that that prisoner had a needle hidden inside of his clothes. they say the prisoner tried to grab the employee and that's when the officer stepped in to help. >> the prisoner attempted to take her weapon. there was a struggle over the gun. and at some point the weapon discharged firing a shot into the wall. >> no one was hurt and police right now are still trying to figure out exactly how the service weapon was fired. >>> this morning a mother is out of the hospital and in police custody. nicole fitzgerald is accused of killing her 2-year-old son. the 32-year-old is facing a number
ABC
Dec 6, 2012 6:00am EST
income tax purposes. so once again, a lot of folks are expected to be lining up at the courthouse here today for the same sex marriage licenses. reporting live in downtown baltimore, sherrie johnson, abc2 news. >>> "gq" magazine named ravens' linebacker brendan abuoyant day joe the gay of the year. he was criticized for doing so. the vikings' punter chris kluwe was also awarded for the honor. he's been very outspoken about his support for equal rights for same sex couples. >>> breaking news, kate middleton is out of the hospital. the pregnant duchess was released this morning after being treated for severe morning sickness. we got this video in just a few moments ago and now megan you have to remember the duchess' pregnancy is still very much in the early stages. >> not yet past the first trimester and the palace is not ready to announce a due date for the baby. it will be next in line to the british throne after prince william and prince charles the grandfather. >>> news time right now five minutes after 6:00. a man accused of shooting a security guard in washington, d.c. is due back
ABC
Dec 6, 2012 5:00am EST
to discuss ways to prevent huge tax increases and spending cuts in january. congress' joint economic committee will hold talks today. >> propofol hockey is returning to the verizon center for one night. tonight the admirals' of norfolk will play. -- professional hockey is returning. there are signs the ice could be thawing between players and owners. both sides sound optimistic the season can be salvaged. talks will continue today. the work stoppage has wiped out all games through december 14 as well as the new year's day winter classic and the all-star game. >> same-sex marriage licenses will be issued starting today and several maryland counties. couple will be able to get married starting on january 1. some counties that have confirmed they will begin issuing licenses today include anne arundel frederick, and montgomery. maryland maine, and washington became the first states to pass a same-sex marriage by popular vote. washington state same-sex marriage law takes effect today. the governor signed the law during a ceremony at the state capital. the measure won the ballot box with t
FOX
Dec 5, 2012 11:00pm EST
that comment today at the white house. insists he will veto any bill that does not include tax increases on wealthier americans. >>> coming up an online shopping horror story, a maryland woman's story may convince you to read the fine print. >> last night we were around 60 degrees most places at this hour. tonight we're some 20 degrees colder than that. i'll let you know how low it gets overnight and if we'll see more warm air on the horizon, but get ready for a chilly overnight. the rest of the forecast is coming up on the news edge at 11:00. >> this is fox 5 news edge at 11:00.  you won't take my l life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ >>> more people are shopping online than ever before. amazon is a popular website for buy
CSPAN
Dec 3, 2012 11:00pm EST
on the job, bring back tax revenue for local governments to repair, rebuild, and restore a sense of normalcy. we are already over 9 percent unemployment before the storm. if history teaches us anything from hurricane to train it is that unemployment dramatically rose subsequent. that is a big challenge. to economically rebuild new jersey we also need to rebuild the jersey shore. and that is a $38 billion tourism economy in our state. and the jersey shore is not just about summer homes. sometimes, you know, a huge misconception. it has been transformed into year-round communities. the next two slides show the importance of some of what senator schumer was talking about. stockton college did a study of the army corps speech engineering programs before and after the storm. what it found was unambiguous. where the army corps was able to complete a beach engineered project, the defense held. the damage to communities behind the project was either negligible or manageable. so here is a before and after photo at surf city which received beach engineering in 2007 as part of the u.s. army corps long
CSPAN
Dec 5, 2012 5:00pm EST
. they held him without bail on charges of evading taxes. after 11 months in custody, repeatedly being denied medical care, he died at age 37. russia's top investigative commission said he died of heart disease and hepatitis. he could have survived with basic medical care. a parallel report said he died because of a beating in prison. over time prison officials were dismissed but got jobs elsewhere. russian authorities occasionally raised the prospect of looking into this thing thoroughly but ignored evidence linking police officials to magnitsky's death. some of those involved even received medals for meritorious service by the russian government. sergei magnitsky's death is part of a troubling belief on human rights in russia. activists are harassed for speaking out against fraud, corruption or denial of basic rights. we saw what happened with sergei magnitsky when he tried to speak out against corruption. i'm saddened that the leadership of a great nation such as russia is resorting to these hideous tactics. they are a throwback to the soviet era, the worst of the soviet era. our fr
NBC
Dec 6, 2012 6:00am EST
ready to go over the cliff if the gop doesn't agree to raise tax rates on wealthy americans." apple has lost a bit of its shine. the tech giant stock suffering its worst day in four years on thursday. several factors may have been at play. investors worried apple may be giving up ground in the tablet market to rivals, while nokia beat the company to the punch. there are also unconfirmed reports a stock clearinghouse firm is reducing the margin requirements on apple stock. apple lost $35 billion in market value yesterday. to put that into perspective, there are 417 companies listed on the s&p 500 index that have a market cap below $35 billion, so the jimmer fredet the majority of the s&p is valued at just below what apple lost yesterday. >>> a fairfax county woman will have to remove parts of her negative online review of a home contractor. the ruling was made yesterday. jane perez complained about repairs at her townhouse on yelp and angie's list. she claimed that her jewelry disappeared and that the contractor christopher deitz had the only other key to her home. the judge says that go
NBC
Dec 6, 2012 11:00am EST
mean higher taxes for everyone. today, president obama hopes to highlight the impact of the reality when he visits the home of a northern virginia family this afternoon. at the same time, members of the congress are getting out of town. tracie potts has more on the stalling fiscal cliff talks. >> reporter: lawmakers getting out of washington today while they can. >> eric cantor, house republicans talk about forcing members to be in town through the christmas holiday if a deal is not done before then. >> leave us alone! >> reporter: these are some of the frustrated constituents they will face on what can happen if social security jobs are cut. >> it's going to be backlogged and disability is going to skyrocket. processing time is going to skyrocket. lines out the door in our offices. >> reporter: they get advice when economists testify. plus, more fallout from what the treasury secretary tells cnbc could happen if there's no deal. >> administration prepared to go over the fiscal cliff? >> absolutely. >> reporter: there's one small sign of progress. a republican source says president
CSPAN
Nov 30, 2012 6:00am EST
the workers on the job, bring back tax revenue for local governments to repair, rebuild and restore a sense of normalcy for our commitments. we already were at over 9% unemployment before the storm, and if history teaches us anything from hurricane katrina, it is that unemployment dramatically rose subsequently. that is a big challenge. to economically rebuild new jersey, we also need to rebuild thier is si shore, and that is -- that's a $38 billion tourism economy in our state. and the jersey shore isn't just about summer homes. that sometimes is, you know, a huge misconception. it has been transformed into year-round communities. the next two slides show the importance of some of what senator schumer was talking about, army corps on our shoreline. stockton college did a study of the army corps' beach engineering programs before and after the storm, and what it found was unambiguous. where the army corps was able to complete a beach-engineered project, the dunes held. and the damage to commitments behind -- to communities behind the projects was either negligible or manageable. so here's a
CSPAN
Nov 30, 2012 9:00am EST
times you can go to the well. small tax base, especially coming out of recession when receipts are down and then this hits. i think you make an important point. this committee won't be working with the -- so many of us, not by itself, west coast, east coast experience this, they will get very involved in the supplemental pick and i think you make a very important point about local management. thank you. and representative smith, last but not least, the floor is yours. >> thank you so much for convened a very timely and important hearing. madam chairman, hours after hurricane sandy made landfall in new jersey last month, i met with victims, elected officials and emergency responders to survey the damage of our coastal communities and i have about 20 that are right on the water. saw the devastation to lives, homes and businesses brought by this storm. i walked with the mayor of the day after, and the smell of gas, natural gas was so strong, so pungent that if any of us lit a match we would've had an explosion in many homes get burned down to nothingness. the courage and tenacity and resil
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